Marlin Global (NZSE:MLN) PB Ratio: 0.78 (As of Jul. 13, 2026) — 20% Below Median


NZSE:MLN Marlin Global Ltd NZSE:MLN
27 GF Score
Price NZ$0.74
! 1 Warning Sign
View Full Analysis

What is Marlin Global PB Ratio?

Marlin Global NZSE:MLN -1.33% 27 PB Ratio is 0.78 as of Jul. 13, 2026, which is 20% below its 10-year median of 0.97. GuruFocus rates NZSE:MLN with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 1,602 Asset Management companies, Marlin Global ranks better than 73.66% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-13), Marlin Global's share price is NZ$0.74. Marlin Global's Book Value per Share for the quarter that ended in Jun. 2025 was NZ$0.95. Hence, Marlin Global's PB Ratio of today is 0.78.

Good Sign:

Marlin Global Ltd stock PB Ratio (=0.79) is close to 10-year low of 0.79.

The historical rank and industry rank for Marlin Global's PB Ratio or its related term are showing as below:

NZSE:MLN' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.97   Max: 1.54
Current: 0.78

During the past 13 years, Marlin Global's highest PB Ratio was 1.54. The lowest was 0.78. And the median was 0.97.

NZSE:MLN's PB Ratio is ranked better than
73.66% of 1602 companies
in the Asset Management industry
Industry Median: 0.96 vs NZSE:MLN: 0.78

During the past 12 months, Marlin Global's average Book Value Per Share Growth Rate was -7.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Marlin Global was 8.00% per year. The lowest was -7.10% per year. And the median was -0.70% per year.

Back to Basics: PB Ratio


Marlin Global  (NZSE:MLN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Marlin Global PB Ratio Related Terms


Marlin Global PB Ratio Historical Data

* Premium members only.

The historical data trend for Marlin Global's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Marlin Global PB Ratio Chart

Marlin Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.26 0.99 0.93 0.96

Marlin Global Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec24 Jun25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 0.99 0.93 0.00 0.96

NZSE:MLN vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Marlin Global's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marlin Global PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Marlin Global's PB Ratio distribution charts can be found below:

* The bar in red indicates where Marlin Global's PB Ratio falls into.


NZSE:MLN
27GF Score
Marlin Global Ltd NZSE:MLN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marlin Global PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Marlin Global's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=0.74/0.948
=0.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.78 mean?
Marlin Global (NZSE:MLN) has a PB Ratio of 0.78 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Marlin Global and its competitors. This is 20% below median its historical median of 0.97. Over the past decade, Marlin Global's PB Ratio has ranged from 0.78 to 1.54. According to the industry distribution chart, Marlin Global ranks #422 out of 1602 companies in the Asset Management industry, placing it in the top 26.3%.
Is Marlin Global's PB Ratio too high?
Marlin Global's current PB Ratio of 0.78 is 20% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.54. The Asset Management industry median PB Ratio is 0.96. Marlin Global's value of 0.78 is 18.8% below this industry median. Based on the distribution chart, Marlin Global ranks #422 out of 1602 companies in the Asset Management industry, which is above the industry midpoint. Overall, Marlin Global has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Marlin Global's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Marlin Global ranks #422 out of 1602 companies for PB Ratio. This puts Marlin Global in the upper half of its industry. The industry median PB Ratio is 0.96. Marlin Global's value of 0.78 is 18.8% below this benchmark. Historically, Marlin Global's own PB Ratio has ranged from 0.78 to 1.54 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.96, Marlin Global has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,602 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marlin Global's current PB Ratio of 0.78 is 18.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Marlin Global and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marlin Global's current PB Ratio is 0.78, which is 20% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marlin Global stock overvalued right now?
Marlin Global (NZSE:MLN) has a current PB Ratio of 0.78. The current PB Ratio is 0.78, which is 20% below median its 10-year median of 0.97 and 18.8% below the Asset Management industry median of 0.96. Marlin Global's overall GF Score™ is 27/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Marlin Global (NZSE:MLN), the current PB Ratio is 0.78 as of Jul. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Marlin Global Business Description

Address 67-73 Hurstmere Road, Level 1, Takapuna, Auckland, NTL, NZL, 0622
Marlin Global Ltd is an investment company that invests in growing companies based outside of New Zealand and Australia. The portfolio of the company is managed by Fisher Funds Management Limited. Its objective is to offer investors competitive returns through capital growth and dividends, and access to a diversified portfolio of investments through a single tax-efficient investment vehicle. The Company operates in a single operating segment, which is international financial investment.
27GF Score

Get the complete analysis for NZSE:MLN

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$0.74
Price